The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1887-02-10

assurance contract.
ANNoUNCEML.-T. -
After careful study of the usage Of AS
surance companies at home and abroad,
and of the experience of this Society in
all the varied reto. ms Introduced by it,
the Equitable life Assurance Society
has combined in one foIm of policy all
the advantages and guarantees which
can saf"ly and properly be united, and
now offers 1t to The public under the
name of
THE FREE ToNTINE POLICY.
After this policy has been in force one
year. there will be no restrictions what
eve" upon travel, residence or occupa~
ton. Ply this stroke prolific source OF
discomfort, apprehension and litigation
is swept away. Persons residing IN, or
about to ira vel to, unhealthy localities
or engaged ir, Or about to engage in.
dangerous occupations. will not ba as
sured at the same rates but intelligent
examination of the results OF the vast
business of this Society esta bliShes the
fact that for the general mass of the So
ciety's policy holders the core ssIon
now made will be amply covered by The
premium charged, which is not greater
than is charged by other large eem pa
MES for policies far less iib9rai i'll tne.r
conditions.
1NDISPUIABLE AFTER two YEARS.
|. These policies viii contain a specia
agreement estOppinss the Society from
making any defonse to a claim made
upon policy which has been IL force
FIR two years. (See the p, Icy for the
exact language).
| The feature OF the incontestability, in
tro6uced by the Equitable Society, has
driven from the business much of the
| llugaton formerly attached to it. ! he
! Society finds by its experience that the
| probationary period can safely be short
ened 10 two years.
IMMEDIATE PAYMENT.
These policies as soon as they become
Iincontestable are paya bic Instantly uuor
the death of the person assured. ard tb,
presentation of proofs establishing the
fact.
NON FORFEITABLE.
These policies VIII be issued under tn.
laws of the Slate of New York puaran.
teelng paid up policy, t. be COMPUTED
by definite rule legally prescribed, II
case of surrender after three wears from
date Of issue.
LUCRATIVE roNTINE RETURNS.
These policies will not differ from the
| now renowned TOntiue and Semi>Ton-
tine policies of the Equitable, in resrer,
to the manner of accumu ating surplus
and the proba biiity of lucrative returns
Details and examples will be given il
separate publications.
| SIMPLICITY OF CONTRACT.
The contents of the proposal anG
| the "policy" have been reduced to the
simplest practical form, altogether shorr
of ambiguous or technical expressions
so as to be easily understC cd bv the com
mon mind. All unreasonable condi.
| tons have been removed, and valuable
guarantees introduced. A careful in.
| spection of the forms is invited
IMPORTANCE OF REFORM MEASUsEs.
| The public is reminded of the impor-
lance of selecting, for assurance. com
| pany which makes it a point to keep in
| advance in all reforms The Funitable
Life Assurance Society introduced the
accum ulatlve (or Tontine) method of di>
yiding profits the inconie sta BILE feature
! the immediate payment of death claim.
| the simpIIticatlon OF contracts; and now
| com bines these with absolute freedom
| as to residence, travel and occupation
| after the first year. hut for the action oil
this Society these reforms " ouId be I'M
| known, amt in no other company can
| they be secured in combination.
: ASSETS, Nl COO. 0C0
C,r al per cent? = $4,000 900
Il per ceDt) 100 O 600
NEW BUsIN Ess in. 1886, over 500 600 200
Tables of rates and more particular de
scriptions may be obtained upon appli-
cation to j. r. YOUNG, Aer,
"- e" @Hende son, n. c.